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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1534 |
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1970s – Mid 1980s
In 1970 the quartz technology was developed and it changed the face of the competition completely. Quartz technology made it possible to produce very accurate time pieces with no need for manual intervention in a very cost effective way, thus significantly reducing the competitive advantage the Swiss watch makers had in the accuracy attribute...
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This, coupled with significant advances in the semiconductor technology drove down the costs of production drastically. Moreover, quartz technology also enabled to have digital display. Japanese watch makers, mainly Citizen, Seiko and Casio specialized in producing low cost, digitized and multifunctional plastic watches by investing heavily in automation of the production and low cost of assembly in Hong Kong...
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General points of the essay
Domestic Issues of the 1970s
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Has email replaced the need for face-to-face contact between managers and staff?
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